View Original Article

TECHCRUNCH

Steve Madden Womens Emotions Almond Toe Over Knee Fashion BootsNEW NASTY GAL HOTSOLES BLACK GRESHAM STUDDED ANKLE BOOTS HEELS SHOES SZ 9 , New Via Spiga Women's Buckle Detail Leather Block Ankle Boots Booties Size 5.5B5 Womens Black Faux Croc Leather Wide Width Calf Tall Buckle Boots Size 8 38Eddie Bauer Rubber Duck Boots Suede Fleece 7 Green Blue Plaid , Sbicca Womens Chord Ankle Bootie- Select SZ/Color. , Aigle Boots Women's Rubber Pack Rain Boots Marine/Jaune Rainboots , dav Women's Lexington Rain Shoe, Black, Size 8.0Converse Size 8 CT HI-RISE BOOT Gray Wool Woolrich Boots New Womens Shoes , Schutz Ginger Chestnut Soft Cuff Studd Suede High Heel Platform Ankle BootieVintage LL Bean Chukka Brown Leather Ankle Boots Shearling Insulated Made USA 9Women's Kenneth Cole Reaction Juice-Y Booties / Boots - Tan - Size 7.5,8.9.5,10 , $140 AQUA MERYL T. Moro Brown Suede Designer ITALY COMFORT Ankle Boots 8 , OLUKAI AUANA TAN SUEDE SLIP ON BOOTIES ANKLE BOOTS WOMEN'S 760% OFF! NEW WOMEN'S VASQUE SNOWBLIME ULTRADRY WINTER BOOTS. 7. COFFEE. , Converse Chuck Taylor All Star Women's Beverly Boot Size 10 , L'Artiste by Spring Step Burgundy Womens Boots Camel Multi 37, US 7$174 NIB SAM EDELMAN LISLE WESTERN ZIP BACK ANKLE BOOTS Anthropology Women's 8 , Stuart Weitzman Womens Shoes Size 6.5 Brown Textured Leather Ankle BootsRhiannon by SHOEDAZZLE, Pewter faux snake reptile OTK thigh stiletto boots, SZ 8 , Fashion Plus size fur winter snow woman high heels ankle leather zipper boots , Born Indian Blanket Wool Brown Leather Size 6 Mid Calf Fashion Boots , Marc Fisher Womens larrine Fabric Pointed Toe Over Knee Fashion BootsMERONA Camel Brown Fur Suede Snow Boots - Size 8White Mt. Bully Womens Mid-Calf Boots SZ 7.5 M Green Leather 1/2" Heel Zipper , LUCKY BRAND GAVINA SUEDE OVER THE KNEE BOOTS 7.0 NEW IN BOXNew nine west sz 7.5 amability leather peeptoe sandal shootie Bootie pump heel , ✿ NAUGHTY MONKEY In-Lyne Fringe Premium Suede 3" Heel Zip Boots 8 M NEW! L@@K! , White Mountain Thumper Taupe Suede Boots Women Size 5.5 M ,

Tesla has secured the rights to about 210 acres of land in Lingang, Shanghai, the site of the electric automaker’s planned factory and its first outside of the U.S.

Tesla executives and leaders of the Shanghai Economics and Information Committee, Shanghai Lingang Area Development Administration and Shanghai Lingang Group witnessed the agreement-signing ceremony in China on Wednesday.

“Tesla’s mission is to accelerate the world’s transition to sustainable energy not only through all-electric vehicles, but also scalable clean energy generation and storage products,” Robin Ren, Tesla’s vice president of Worldwide Sales said in a statement. “Securing this site in Shanghai, Tesla’s first Gigafactory outside of the United States, is an important milestone for what will be our next advanced, sustainably developed manufacturing site.”

The land transfer marks an important step for Tesla, which recently said rising costs had prompted the company to accelerate construction of its so-called Gigafactory 3. Tesla warned in its production and delivery report in early October that tariffs, combined with the cost of shipping its vehicles via ocean carrier and the lack of access to cash incentives available to locally produced electric vehicles, has put the company at a disadvantage in China.

Tesla reasserted those statements Wednesday, noting that it expects the project to be a “capital efficient and rapid buildout, using many lessons learned from the Model 3 ramp in North America.”

Tesla reached a deal in July with the Shanghai government to build a factory that it says will be capable of producing 500,000 electric vehicles a year. Once construction begins, it will take about two years until Tesla can produce vehicles. It will be another “two to three years before the factory is fully ramped up to produce around 500,000 vehicles per year for Chinese customers,” a Tesla spokesman said at the time.

The Shanghai factory deal marks a shift within the Chinese government to allow foreign companies to build and operate wholly owned facilities there. Foreign companies have historically had to form a 50-50 joint venture with a local partner to build a factory in China.

Chinese President Xi Jinping has said the country will phase out joint-venture rules for foreign automakers by 2022. Tesla is one of the first beneficiaries of this rule change.

The agreement allows Tesla to construct and operate a wholly owned factory in Lingang. The new factory will carry out research and development, manufacturing and sales operations.

The Chinese government will still be involved, however. Under a cooperation agreement, the Shanghai government and Tesla will jointly promote electric vehicle technology and industry development. The city of Shanghai said it will provide support for Gigafactory 3, although details are thin as to what that might mean.

Natural Comfort Womens Laurie Womens Knee Comfort Comfort Leather Knee High Boots a1f3b78 - gravityxdance.com